FX.co ★ Sweden Business Confidence Weakens in May

In May 2025, Sweden saw a decline in business confidence to 98.9, down from a revised figure of 99.8 in April, yet it still indicates a generally stable sentiment. Most industries perceived demand as weaker than usual, with a score of -27 compared to -29 previously, except for the construction sector, which remains near its historical average. Employment dipped slightly over the past quarter, moving from -5 to -3, while hiring projections remained steady at 1, indicating minimal anticipated changes in workforce size. Furthermore, a greater proportion of firms expect sales prices to increase over the next three months, scoring 21 compared to 22 previously. Expectations differ notably among sectors, with manufacturers largely predicting price hikes, whereas construction companies anticipate a reduction in bid prices.